Rise and Demise of U.S. Social Media in China, A Touchstone of WTO and BIT Regulations

in CHINA'S INFLUENCE ON NON-TRADE CONCERNS IN INTERNATIONAL ECONOMIC LAW, Paolo Farah, Elina Cima, eds. (London: Routledge 2016) 382-394.

17 Pages Posted: 25 Apr 2017 Last revised: 4 Jan 2021

See all articles by Danny Friedmann

Danny Friedmann

Peking University School of Transnational Law

Date Written: October 1, 2016

Abstract

Since foreign social media sites have been banned, three Chinese social media sites, all listed at the New York Stock Exchange or NASDAQ, are thriving. Chinese social media are insulated from foreign competition at their domestic market. However doing business in China does not become easier for them. They will have to abide by ever more stringent censorship regulations. Until China’s Gini Coefficient for income inequality comes down significantly, China’s leaders deem the risk of social unrest so substantial that they will insist on the most sophisticated and extensive form of censorship in the world.

Keywords: social media, China, competition law, national champions, Facebook, NYSE, NASDAQ, GATS, BIT, YouTube, Youku, Telecommunications Regulation, telecommunications, online service providers

JEL Classification: L96, F12, L86, F10, F13

Suggested Citation

Friedmann, Danny, Rise and Demise of U.S. Social Media in China, A Touchstone of WTO and BIT Regulations (October 1, 2016). in CHINA'S INFLUENCE ON NON-TRADE CONCERNS IN INTERNATIONAL ECONOMIC LAW, Paolo Farah, Elina Cima, eds. (London: Routledge 2016) 382-394., Available at SSRN: https://ssrn.com/abstract=2956800

Danny Friedmann (Contact Author)

Peking University School of Transnational Law ( email )

Peking Univ. Shenzhen Campus
University Town, Xili, Nanshan District
Shenzhen, 518055
China

HOME PAGE: http://stl.pku.edu.cn/faculty-2/danny-friedmann/

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